The new Belgian Code on Companies and Associations enters into force on 1 May 2019.
The Belgian Code on Companies and Associations (the "BCCA"), enacted by the Belgian parliament on 28 February 2019, repeals the existing Belgian Companies Code (the "Current BCC"). The BCCA aims at modernising and simplifying company law in order to make Belgium more attractive for both domestic and foreign businesses. The BCCA will offer more flexibility to Belgian companies, but will also require them to amend their articles of association and bring them in line with the provisions of the BCCA. We have created this guide in order to give an initial overview of the main changes which the BCCA ushers in. We hope it is helpful, and remain available to answer any questions you may have.
Contents of our handbook:
- Key changes
- Share capital and distributions
- Shares and other securities
- Liability and conflict resolution
- Dissolution and liquidation
- Entry into force
This publication is provided for your convenience and does not constitute legal advice. This publication is protected by copyright.
© 2019 White & Case LLP